NEW YORK, Nov 20 (Reuters) - Dow Corning Corp [DOWCR.UL] sued Merrill Lynch & Co on Friday over the loss of $166 million in auction rate securities, accusing Merrill of misleading investors about the safety and liquidity of the risky debt market ... Full Article
Reuters asked Federal Deposit Insurance Corp Chairman Sheila Bair what's her biggest fear. She said a big bank failure, but hastened to add she believes the likelihood is very remote. ... Full Article
U.S. FDIC Chairman Sheila Bair says delays by loan servicers to modify subprime mortgages could give a boost to federal legislation that would provide relief through bankruptcy law changes. ... Full Article
The stock options scandal has mushroomed to comprise one-eighth of the FBI's corporate fraud caseload. Sixty-one of 492 pending cases involve alleged mispricing of options, such as backdating, ... Full Article
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